According to an article in this week's local Community Impact newspaper, a developer is planning to break ground on a mixed-use development this summer in Pflugerville.
This will be the first development of its kind in town, covering approximately 38 acres just south of Pecan Street between Windermere and Heatherwilde.
Having lived in this area for about 13 years now (11+ in real estate), I have often noticed this wide open land, wondering when someone would eventually step up to the plate and make something interesting happen in that vacant parcel.
Cid Galindo, who is heading up the project, was quoted as saying that one of the reasons they chose Pflugerville was its proximity to both Austin and Round Rock, both of which have been growing steadily since the early 90's.
With Dell Computer headquartered to the north, and Samsung just to the south, along with the recently opened toll roads that have dramatically improved access to many major destinations, Pflugerville is uniquely positioned to support a project like this.
The project, which is tentatively named Pecan Street Plaza, could include a hotel and banquet center, family health club, restaurants, cafes, 50,000 sq. ft. of retail space and 300,000 sq. ft. of office space. Plans are not yet finalized, however, so some elements could change over the upcoming months.
In theory, Galindo hopes to bring a traditional neighborhood design, which will allow people to live, work, and play without driving. Considering the fact that there are few areas like this in the Austin area unless you live in the heart of downtown (which is pretty expensive these days), I am sure that this concept will have a ready and willing audience of potential buyers.
I must admit that I am really looking forward to seeing this particular project take shape. As I noted in a recent post, Pflugerville is very much coming into its own, and this is further confirmation in my eyes.